During the second quarter of 2020, real inventories declined by $274 billion, by far the largest decline
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During the second quarter of 2020, real inventories declined by $274 billion, by far the largest decline on record. During the third quarter of 2020, real GDP increased by 35 percent, by far the largest increase on record. Are these two events related? If so, briefly explain how.
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Yes these two events are likely related as changes in inventories can have a signifi...View the full answer
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